SeniorPrincipal Quantitative Risk Analyst
SeniorPrincipal Quantitative Risk Analyst
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$ 107025 - 222560
1 Vacancy
Job Description
At PGE our work involves dreaming about planning for and realizing a smarter cleaner more enduring Oregon neighborhood. Its core to our DNA and we havent stopped since we started in 1888. We energize lives strengthen communities and drive advancements in energy that promote social economic and environmental progress. Were always on the lookout for people passionate about leading and being a part of teams that are advancing innovative clean energy solutions that are also affordable and accessible to all.
Summary
PGE seeks a talented quantitative analyst with energy analytics and modeling experience to support PGE Energy Supply Trading Analytics. The Senior/Principal Quantitative Risk Analyst takes a leadership role in communicating datainformed strategy and reports to the Manager Market Fundamentals and Trading Analytics in Power Operations.
This role is ideal for a candidate who thrives in a fastpaced trading environment has a strong technical background is comfortable building and automating data solutions from scratch and has curiosity and passion about the electric utility business. The ideal candidate is resourceful and capable of quickly turning market insights into actionable tools for traders and leadership.
Key Responsibilities
Business Partnership and Thought Leadership Supports senior leadership and key business partners in navigating uncertainty in an increasingly complex datadriven energy landscape. Applies quantitative insights and analytics tools to enhance decisionmaking in trading hedging and portfolio management. Collaborates across teams to foster transparency and efficiency in portfolio analysis.
Quantitative Modeling and Portfolio Risk Optimization Develops and maintains risk models and valuation frameworks for structured products generation assets and portfolio hedging strategies. Leverages statistical techniques (VaR GMaR stress testing backcasting) to enhance models providing traders and portfolio managers with insights for market decisions.
Data Engineering and Automation Independently sources integrates and structures internal and external datasets to support analytics and decisionmaking. Builds and maintains custom data pipelines and automated workflows ensuring data accessibility for trading and leadership teams.
Data Visualization & Communication Develops and maintains Tableau dashboards and automated reporting tools to ensure quantitative insights are accessible for diverse audiences. Translates complex modeling results into clear interactive visuals enhancing transparency and decisionmaking across the organization.
Education/Experience/Certifications
Education Requires a bachelors degree in computer science electrical engineering economics or other related field or equivalent experience. MSc or PhD in mathematics statistics or computer science or related field such as physics economics or operations research preferred.
Experience Typically 12 or more years in data science or related field. Three or more years of experience in a quantitative role within the energy industry. Experience with wholesale power and/or commodities markets in the Western Electricity Coordinating Council footprint is preferred.
Certifications Licenses and Training Advanced proficiency in SQL Python or R with the ability to build automate and optimize data workflows. Experience with data visualization tools (e.g. Tableau) preferred. Experience implementing time series analysis and Monte Carlo simulations regression and econometric techniques optimization techniques with commercial solvers. Familiarity with with Production Cost Modeling (Aurora PLEXOS GE MAPs etc. preferred.
Competencies (Knowledge Skills Abilities)
Functional Competencies:
Expert quantitative analysis skills
Expert data literacy
Advanced knowledge of multiple business processes in three or more of the following business areas: Corporate T&D Generation and Operations Power Supply
Advanced ability to develop complex predictive models and represent the models using simple and advanced visualization mechanism
Advanced understanding and knowledge of energy technology and utility domain trends
General Competencies:
Expert business acumen
Advanced interpersonal skills
Expert written/oral communication skills
Expert analytical thinking skills
Expert decisionmaking skills
Advanced change leadership skills
Expert presentation/facilitation skills
Expert enterprise/business awareness skills
Advanced problemsolving skills
Physical and Cognitive Demands
Cognitive Level
Substantial: Consistent use of logic or scientific thinking to define problems collect information establish facts and draw valid conclusions (for example engineer HR director plant manager etc..
Cognitive
Ability to adhere to set response times deadlines and timesensitive tasks
Ability to follow accuracy standards
Ability to follow through on decisionmaking tasks
Ability to interact effectively and collaboratively within a team environment
Ability to communicate and problem solve when under stress
Ability to respond and adapt to frequent change
Ability to accept and demonstrate selfawareness when provided constructive feedback
Ability to discern feedback and acknowledge ownership of areas of improvement
Ability to avoid future mistakes by applying reasonable skills to new but similar work situations or tasks
Ability to successfully collaborate with peers managers and others within the organization Demonstrates sound memory
Ability to process new information to be applied consistently to work tasks
Schedule/Attendance
Ability to adhere to preestablished schedule including start/stop time and break/lunch schedule
Ability to work long hours
Ability to work a variable schedule
Ability to report to work and perform work during periods of severe inclement weather
Ability to consistently meet attendance standards for regular reliable predictable fulltime attendance
Physical Capabilities
Driving/travel/commute
Computer use (use computer regularly for entire work shift)
Environment Indoor
Office environment Hybrid 3 days per week in office
Compensation Range:
$107025.00 $222560.00Actual total compensation including a performance based incentive bonus is commensurate with experience skills qualifications education training and internal equity. While we anticipate the selected candidate for this position will fall towards the middle or entry point of the compensation range the decision will be made on a casebycase basis.
PGE believes in rewarding dedicated performance. We provide a total rewards package that is designed to reward your contributions to the company and at the same time support your wellbeing and professional development both now and into the future. To find out more click here.
Join us today and power your potential!
Assisting with storms or other Company emergencies is a part of all positions at Portland General Electric.
PGE is committed to diversity and inclusion in the workplace and is an equal opportunity employer. PGE will not discriminate against any employee or applicant for employment based on race color national origin gender gender identity sexual orientation age religion disability protected veteran status or other characteristics protected by law.
PGE does not discriminate on the basis of disability. We recognize individuals have a variety of abilities to offer and we believe there is much to value and celebrate by incorporating different abilities into the work we do. One very important way we live this out is in our application and interview process. We work hard to support individuals who may need an accommodation to fully participate in these processes. If you feel you may need an accommodation or would like to request one please notify the Talent Acquisition Specialist (Recruiter) associated with the job posting. You may also make this request by contacting or by calling. The Recruiter will provide information and next steps for the accommodation process. Our Diversity Equity & Inclusion (DEI) team is also available for support. You can contact them at .
To be considered for this position please complete the following employment application by the posting close date. Posting closes at midnight (Pacific Time) on the closing date below. If no date is listed job is open until filled.
Required Experience:
Staff IC
Employment Type
Full-Time
